Dow Giving Back Early Gains
As the first 90 minutes of trading today comes to a close, Wall Street has lost almost all of its early rally, possibly driven down by the historically low consumer confidence numbers just released.
The Dow is barely above water, trading up about 20 to 50 points.
The S&P 500 and the Nasdaq are both flirting with negative territory.
The next hope for the markets is today's Fed Reserve meeting. A rate cut is widely anticipated at its conclusion tomorrow.
-- Frank Ahrens
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